New Vanguard European ETFs (2026)

Ucits funds are only allowed to hold up to 20% of other funds.

That‘s why for example the lifestrategy funds are built with several redundant funds.

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Any update on this ? Did not found much info online or about any ticker right now :confused:

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Here are the TER https://fund-docs.vanguard.com/etf-prospectus-en.pdf

Fund Name OCF (Unhedged) OCF (Hedged)
Vanguard FTSE Global Small-Cap UCITS ETF 0.25% 0.28%
Vanguard FTSE Global All-Cap UCITS ETF 0.19% 0.22%
Vanguard Russell 2000 U.S. Small-Cap UCITS ETF 0.20% 0.23%
Vanguard Russell 1000 U.S. Growth UCITS ETF 0.16% 0.19%
Vanguard Russell 1000 U.S. Value UCITS ETF 0.16% 0.19%
Vanguard Russell U.S. Mid-Cap UCITS ETF 0.20% 0.23%
Vanguard FTSE All-World Ex-U.S. UCITS ETF 0.14% 0.17%
Vanguard FTSE Developed Europe Small-Cap UCITS ETF 0.19% 0.22%
Vanguard FTSE Eurozone UCITS ETF 0.07% 0.10%
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Nice, the global all cap & ex-US seem to be very competitive! The ex-US especially, as it‘s even cheaper than the developed ex-US funds that exist, but it also includes emerging markets. Which is usually expensive.

VTI + FTSE ex-US is a very optimized and cheap portfolio for swiss residents now.

What does hedged in this context mean though? Certainly not currency?

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Guessed it right :sweat_smile:

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I wonder when they launch the global all cap fund. Is there anything known (ISIN, trading exchange(s), KIID)?

this is currency hedging as far as I understand. Appendix 1 contains the table for availability of hedged and unhedged classes of all UCITS ETFs. Very few funds actually have hedged classes launched (L). Most of them can be launched at the discretion of manager (Y).

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This new fund is also in the list

Fund Name OCF (Unhedged) OCF (Hedged)
Vanguard ESG Developed World All Cap UCITS ETF 0.14% 0.19%

Too bad, no unhedged one in CHF for the EX-US

Not having a separate share class for CHF unhedged was to be expected (extremely rare for world ETFs). They can still list the USD unhedged one also in CHF, like they do for e.g. VWRL. For accumulating share classes, the internal fund currency is anyway practically irrelevant.

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disappointing TER’s unfortunately! thought they would go lower with the all cap and as result also adjust the all world downwards.

>They can still list the USD unhedged one also in CHF

You are right of course, yes that would be perfect,

Anyone any idea/bet on when Vanguard launches the Global All Cap fund?

I am also curious about how popular the fund will be. The FTSE All World fund (VWCE, VWRL,…) has now $57B in AUM. I wonder how much inflows the All Cap will get: will it get $10B in 3 years?

Sounds more tax-efficient and in total more cost-efficient than VXUS?

Depends on how much you receive from your DA-1.

Also withholding tax treaty differences between IE and US, afaik gives US a slight edge. I.e. Japan is 10% for US, while 15% for IE, and Canada 15% instead of 25%, while european countries are generally better in IE.

VXUS still has lower TER as well.

All in all if you get back 100% of your DA1, VXUS still beats it.

There are other benefits of an european domicile though.

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Btw: Xtrackers also launched a 0.15% TER etf on the same index. So if you want to go full european, might be an even better candidate.

We know Vanguard EU subsidizes the US branch (naturally), and send a lot of money they make on us abroad. Xtrackers would keep that money here.

Something to consider imo.

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Do you have the ISIN?

https://etf.dws.com/de-de/IE000YKHGYN2-ftse-all-world-ex-us-ucits-etf-1c/

IE000YKHGYN2
Ticker: AWEX

aum still small, as it just launched.

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Has anybody seen the Vanguard FTSE All-World Ex-U.S. UCITS ETF already somewhere?

The competition is on!

I really hope Vanguard will be forced to lower it’s fees. I’m trading VWRD on the LSE and don’t get why Vanguard is milking us non US customers to lower VTs fees even further…

Sure, you can hold VT here, but the hasstle if you have a mortgage is not really worth it - and a seperation of funds, while tax optimal, is a tiny performance difference for a lot of work (rebalancing, tax filing the individual trades, etc.).

I just want VWRD to go down to .1% and I’ll be happy :sweat_smile: